Are you confused on whether to choose a loan based on an Adjustable Rate Mortgage (ARM) or a Fixed Rate Mortgage? This is a common problem and can be one of the most difficult decisions to make during the loan process. Before making a final decision about which type of loan, make sure that you discuss your options with your mortgage agent. The purpose of this calculator is to estimate the amount of money an ARM "can" save you over the near-term of your loan and works on a cumulative savings to break-even basis.

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